Some platinum is more equal than other platinums. But so long as they can mint a coin out of platinum that is “worth” $1 trillion, they could print it on paper, too. After all, the melt value of the platinum (even if $60 million because it’s a ton) is negligible compared to the $1 trillion just like the burn-value of the paper would be.

39 posted on 12/08/2012 12:55:26 PM PST by coloradan
(The US has become a banana republic, except without the bananas - or the republic.)

Some platinum is more equal than other platinums. But so long as they can mint a coin out of platinum that is worth $1 trillion, they could print it on paper, too. After all, the melt value of the platinum (even if $60 million because its a ton) is negligible compared to the $1 trillion just like the burn-value of the paper would be.

Yes, the choice of platinum is to imply value, as everyone knows that its face value is a joke. They should print it on toilet paper.

42 posted on 12/08/2012 1:01:54 PM PST by SampleMan
(Feral Humans are the refuse of socialism.)